Short Overview: Banking off the block but I.T., metals and midcaps have short positions intact. Bulls hopeful as long as remains above the sacrosanct support of 16500–16400.

Trade Setup 7 June 2022 -

Banking off the block but I.T., metals and midcaps have short positions intact. Bulls hopeful as long as remains above the sacrosanct support of 16500–16400. Weekly gaps are not getting filled in , pointing towards continued weakness.

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  • Banking off the block but I.T., metals and midcaps have short positions intact.
  • Bulls hopeful as long as remains above the sacrosanct support of 16500–16400.
  • Weekly gaps are not getting filled in , pointing towards continued weakness.
  • Leveraged longs should be kept minimal while global developments play out.

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